Legora seeks $300M at an $8.5B valuation, six months after its last round
The proposed pre-money valuation sits 53% above the $5.55B mark Legora announced in March, as its CEO reports more than $200M in annual recurring revenue.
By Ryan Merket · Published
Primary source: Bloomberg Technology
Why it matters
Legora's founder says the company has passed $200M in annual recurring revenue and reached 130,000 monthly users. A completed round would lift its valuation 53% in six months and fund its push to become the main software layer for legal work.
Max Junestrand (@MaxJunestrand) is taking Legora, the Stockholm-based legal AI company he co-founded with Sigge Labor and August Erseus, back to investors six months after its Series D. Legora is discussing a round of at least $300 million at a roughly $8.5 billion pre-money valuation, Bloomberg reported on September 22nd, citing people familiar with the talks.…
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